Clean, Convenient Top-Rated Laundromat in Van Nuys

Asking Price$695,000

Cash Flow
$120,000

EBITDA$27,487

Gross Revenue$37,542

Inventory$35,000
Not included in asking price
FF&E$500,000
Included in asking price
Beautiful- Modern LaundrySave

Clean, Convenient Top-Rated Laundromat in Van Nuys


Asking Price$695,000

Cash Flow
$120,000

EBITDA$27,487

Gross Revenue$37,542

Inventory$35,000
Not included in asking price
FF&E$500,000
Included in asking price
Business Description
Discover one of the cleanest, well-run laundromats in town—designed with comfort and time in mind. Our modern facility features high-capacity, energy-efficient washers and dryers get the laundry done faster and cleaner in a shorter time. With plenty of machines, they'll never have to wait to wash, even on busy days. Our Wash/Dry/Fold services, Drop-off or Pick-up and delivery is expanding more than ever. We added a new merchandise Mart and sales are going up!
About the Business
Years in Operation
7
Employees
2 (2 Part-time)
2.5
Facilities & Assets
Large , spacious (3068 sq ft) modern laundromat with energy efficient washers and dryers that get your laundry cleaned in no time. Plenty of machines to help facilitate your washing needs. Fully stocked Mart with soap products, drinks and snacks to make your experience a pleasant one.
Good Parking. Long term lease-4 years remaining with 2-5 year options for a total of 14 years.
Market Outlook / Competition
In the past year, six laundromats within a 5-mile radius have closed down, leaving a clear gap in service and creating a strong demand for a clean, efficient, and reliable laundry facility in the area.
This means:
Less competition and more potential customers.
Increased visibility and opportunity for brand loyalty.
Opportunities for Growth
This laundromat provides the "Kathy Ireland" Wash/Dry/Fold drop-off and pick-up services. Enjoy a one year contract with Kathy Ireland and experience that will help expand your pickup, delivery, and wash-dry-fold services. Inquire for more details.Less competition and more potential customers for your Wash/Dry/Fold services. Increased visibility and opportunity with the "Kathy Ireland brand loyalty.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,068
Rent
$6,791.00 per month
Lease Expiration
3/4/2029
About the Sale
Seller Motivation
Wishes to focus on other interests.
Transition Support
We provide hands-on training covering all essential aspects of operating a laundromat, ideal for new owners, managers, or staff. The program is structured over 3 weeks at 5 hours per week (15 hours total) and includes both in-person instruction and practical experience in a fully operational laundromat. This service comes with the purchase of the business.
Financing Options
Bank Financing 40% Down -No Seller carry
Listing Info
ID
2387707
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Business Listed by: Andrew J Cunningham

Listing ID: 2387707 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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